Fast Track Group Launches $15 Million IPO, Lists on Nasdaq Under Symbol "FTRK

Reuters
05-28
Fast Track Group Launches $15 Million IPO, Lists on Nasdaq Under Symbol "FTRK

Fast Track Group, a prominent entertainment-focused event management and celebrity agency company based in Singapore, has announced the pricing of its initial public offering $(IPO.UK)$ at $4.00 per share, raising a total of $15 million. The offering consists of 3,750,000 ordinary shares and includes a provision for underwriters to purchase an additional 562,500 shares to cover any over-allotments. The shares are set to trade on the Nasdaq Capital Market under the symbol "FTRK." The company plans to utilize the proceeds for market expansion in Southeast Asia, marketing and branding, enhancing its sales and partnership team, and for general working capital. Alexander Capital, L.P. served as the lead book-running manager for the IPO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fast Track Group published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-012594), on May 28, 2025, and is solely responsible for the information contained therein.

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